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In another upheaval for the board of Hewlett-Packard, the company said on Thursday that Raymond J. Lane, its embattled chairman, was stepping down from that post just two weeks after his narrow re-election. Two other directors departed the board...

May 9, 2008, Friday

The Hewlett-Packard Company named G. Kennedy Thompson, below, the chief executive of the Wachovia Corporation, to its board of directors, filling one of the three vacancies that resulted from a recent spying scandal at the company. Mr. Thompson is...

G. Kennedy Thompson says he can do it again. Mr. Thompson, the chief executive of the Wachovia Corporation, has been a darling of bank stock investors since he successfully pulled off the $13 billion merger of Wachovia and First Union, which was...

The chief executive of Wachovia said yesterday that the settlement between Visa USA, MasterCard International and retailers over the use of debit cards would cut its profit this year by $25 million to $30 million. Wachovia, the fifth-biggest bank in...

The Wachovia Corporation is acquiring Prudential Financial's brokerage division, the two companies confirmed yesterday. The transaction, which had been rumored for months, will not involve any payment by Wachovia and will give the bank a 62...

EVEN as he negotiated the first big deal of his career, G. Kennedy Thompson, chief executive of the First Union Corporation, would often unwind by reading about a much tougher takeover: an account of Germany's unsuccessful assault on the Russian city...